Another Gibbs Bay Update
Remember what Gibbs Bay used to look like?
Here are some photos from last Tuesday and Wednesday:
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If you want to see these photos enlarged, click on the individual photos, which will take you to the Flickr page, then choose "All sizes" and pick the largest size.
In the last photo you can see the Venus house. It looks sad and neglected. Are there any guidelines in place for how a site like that should be treated? Setbacks?
It does not look as if too much has changed there since the last time I took pictures. I've been wondering if the general decline in the real estate market would affect this development. With this one and Indigo Bay being built, it looks like a condo glut to me. Unsold units at Rainbow (same developers as here at Gibbs Bay) have been turned timeshare. Will that happen here? I hope not. And will the Marriott Constellation be built here at all? I guess we'll see.
In the last photo you can see the Venus house. It looks sad and neglected. Are there any guidelines in place for how a site like that should be treated? Setbacks?
It does not look as if too much has changed there since the last time I took pictures. I've been wondering if the general decline in the real estate market would affect this development. With this one and Indigo Bay being built, it looks like a condo glut to me. Unsold units at Rainbow (same developers as here at Gibbs Bay) have been turned timeshare. Will that happen here? I hope not. And will the Marriott Constellation be built here at all? I guess we'll see.
That huge sand pile at Guana Bay does not seem to have changed much either.
7 comments:
Sad sad SAD! I would hate for rooms to go empty, but if it stops future building, i'm all for it. That island is going to develop itself into the ocean!
I would like some more scenic pictues of St. Maarten please. People tend to think they are richer than they actually are and projects get delayed and put on hold. The Bible says people should laugh at people who do not estimate the costs before attempting to build. It is wise to know your limits.
I love St.Maarten/St. Martin
Joyangel123
http://gatesofrighteousness.blogspot.com
gibber! I know. Its kind of exhausting at this point. I am so tired of being upset by it.
thanks for stopping by travelyourway.
they need to stop building now.
Agreed!
All these condo developments from Florida to South America are for the U.S. and European "Baby Boomers". In the US there are 70 million of them and everyone is trying to guess where they will end up living.
Right now thousands of projects are sitting abandoned because the boomers can't sell their houses up here in order to retire there.
What's really funny is that you can buy a condo in Florida cheaper than Panama or Costa Rica. The greedy developers and speculators got carried away with their own hype.
Hi Tom, thanks for leaving a comment.
I think all the USA baby boomers will not end up buying here, or will sell soon - the health care is just not good enough. I don't know where that leaves all the condos.
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